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Breaking down Afreximbank's trade strategy for Africa

The Africa Export Import Bank says the promotion of Intra-Africa trade is the arrowhead of its current 5-year strategy. The bank set up its Intra-Africa Trade divison in 2017 to facilitate and finance intra-African trade. Through this division, the bank says it has disbursed around $20 billion with about 480 regulated African banks onboarded into the Intra-African Letter of Credit Scheme. Kanayo Awani, Managing Director, Intra-African Trade Initiatives at Afreximbank, joins CNBC Africa for more.
Mon, 08 Nov 2021 12:10:40 GMT
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